TSE:MR.UN - Melcor Real Estate Investment Trust Stock Price, Forecast & News

Melcor Real Estate Investment Trust's stock was trading at C$6.76 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MR.UN stock has decreased by 57.2% and is now trading at C$2.89. View which stocks have been mosted impacted by Coronavirus.

1 analysts have issued 12 month price objectives for Melcor Real Estate Investment Trust's shares. Their forecasts range from C$6.00 to C$6.00. On average, they anticipate Melcor Real Estate Investment Trust's share price to reach C$6.00 in the next twelve months. This suggests a possible upside of 107.6% from the stock's current price. View analysts' price targets for Melcor Real Estate Investment Trust.

Media coverage about MR.UN stock has trended positive this week, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Melcor Real Estate Investment Trust earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutMelcor Real Estate Investment Trust.

Some companies that are related to Melcor Real Estate Investment Trust include BlackWall Property Trust (BWR), Aew UK Reit (AEWU), Ediston Property Investment (EPIC), Aspen Group (APZ), 360 Capital Total Return Fund (TOT), Ground Rents Income Fund (GRIO), Town Centre Securities (TOWN), Real Estate Investors (RLE), Aims Property Securities Fund (APW), AEW UK Long Lease REIT (AEWL), Highcroft Investments (HCFT), Power REIT (PW), Middlefield Can-Global REIT Income Fund (RCO.UN), Green Reit (GRN) and Fat Prophets G P F Ordinary Units FP (FPP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Melcor Real Estate Investment Trust investors own include American Hotel Income Properties REIT (HOT.UN), Keysight Technologies (KEYS), Alaris Royalty (AD), Automotive Properties Real Est Invt TR (APR.UN), Capital Power (CPX), Cominar REIT (CUF.UN), Northview Apartment REIT (NVU.UN), True North Commercial REIT (TNT.UN), Jack in the Box (JACK) and Merck & Co., Inc. (MRK).

Melcor Real Estate Investment Trust trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MR.UN."

Shares of MR.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of MR.UN stock can currently be purchased for approximately C$2.89.

Melcor Real Estate Investment Trust has a market capitalization of C$37.96 million and generates C$71.16 million in revenue each year.  View additional information about Melcor Real Estate Investment Trust.

The official website for Melcor Real Estate Investment Trust is http://www.melcorreit.ca/.

Melcor Real Estate Investment Trust's mailing address is 900-10310 Jasper Ave NW, EDMONTON, AB T5J 1Y8, Canada. The company can be reached via phone at +1-780-4236931.